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SECURITY


employ. This risk increases exponentially the bigger a workforce is, so large businesses are most at risk. Larger businesses also have a higher probability of a disaffected employee ‘going rogue’ and deliberately creating a security incident.


Our Penetration Risk Report found that people remain companies’ biggest weakness – across all sizes and sectors. Whether through human error or creating opportunities for social engineering hacks, the chances are that your staff will be your cybersecurity Achilles heel.


Accountancy giant Deloitte was targeted last year when hackers got hold of confidential data via an administrator’s account which had only single-factor authentication in place. In this case, it’s likely that access was achieved after the account password was exposed through phishing – where hackers pose as a trustworthy entity (usually via email) to obtain sensitive information such as usernames and passwords. Educating staff about these entry level risks is therefore vital.


www.tomorrowsfm.com


GDPR Fortunately for the majority of the businesses mentioned in this article, the breaches and failures fell before the arrival of GDPR last April. British Airways, however, is the first high profile business to experience a major data breach since new rules came into force. The new rules outline that a business can be fined as much as four per cent of turnover if it has failed to take technical precautions to protect its customers’ data. Unfortunately for BA, if it is found to have failed in that duty of care, then its fine could total £489m.


On top of reputational damage, the proportionate nature of GDPR means that, more than ever, cybersecurity is an issue big businesses can’t afford to get wrong. The days of thinking ‘bigger is always better’ are numbered.


www.coalfire.com


TOMORROW’S FM | 47


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